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Uber Canada’s push for gig workers to get benefits facing critiques

Uber Canada’s new proposal for provinces to force the tech giant and other mobile application-based companies to offer gig workers some benefits is facing pushback…

Canadian pension plans’ average funding positions improved slightly in January: report

Canadian pension plans saw their funding positions improve on both a solvency and accounting basis in January 2021 compared to December 2020, according to Morneau…

  • By: Staff
  • March 9, 2021 April 23, 2021
  • 18:01
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Unions calling for ‘universal wage’ for PSWs, better access to PPE for health-care workers

Health-care workers across Ontario are still struggling to obtain personal protective equipment to shield them from the coronavirus, said three major unions, which are also…

How employers can support working mothers during the ongoing pandemic

Women in Canada have long been walking a tightrope as they try to meet work with family responsibilities, but the ongoing coronavirus pandemic has seen…

CAAT sees funded status rise slightly, lowers discount rate

The Colleges of Applied Arts and Technology’s pension plan is currently 119-per cent funded on a going-concern basis with a funding reserve of $3.3 billion,…

  • By: Staff
  • March 8, 2021 March 11, 2021
  • 09:00

EU implementing new pay transparency rules to help close gender wage gap

Ahead of International Women’s Day next week, the European Union Commission announced it’s imposing new rules to make pay levels public in order to make…

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Monetary performance bonuses top perk for employees: poll

Almost half (46 per cent) of Canadian employees said monetary performance bonuses make them feel most appreciated by an employer, according to a poll done…

  • By: Staff
  • March 5, 2021 April 25, 2021
  • 09:00
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Ontario Teachers’ investing in Finland utility, Caisse in Brazil telecommunications

The Ontario Teachers’ Pension Plan is acquiring a 40 per cent stake in Caruna, Finland’s largest electricity supplier. The pension will acquire a 20 per cent…

  • By: Staff
  • March 4, 2021 March 4, 2021
  • 18:59

Caisse posts 7.7% return in 2020 as real estate underperforms

The Caisse de dépôt et placement du Québec posted a return of 7.7 per cent in 2020, below its benchmark index of 9.2 per cent as…

IMCO launching second structured pool of assets

The Investment Management Corp. of Ontario is launching its second structured pool of assets, the IMCO Global Public Equity pool, valued at $17.3 billion. Read: IMCO…

  • By: Staff
  • March 2, 2021 March 2, 2021
  • 09:00

OTPP investing in packaging manufacturer, Caisse in flight-training company

The Ontario Teachers’ Pension Plan is acquiring The Carlyle Group’s majority stake in Logoplaste, a Portugal-based rigid plastic packaging designer and manufacturer of items. Logoplaste’s…

  • By: Staff
  • March 2, 2021 March 3, 2021
  • 09:00
Stock Markets plunge from novel COVID-19 virus fear. © tang90246 / 123rf stock photos

OMERS’ portfolio lost 2.7 per cent, net of expenses, in 2020

The Ontario Municipal Employees Retirement System’s portfolio lost 2.7 per cent, net of expenses, last year as the coronavirus pandemic hammered its investments. According to…

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Canadian employer pension plans’ asset value rebounds to $2.12 trillion: report

The market value of assets held by Canadian employer pension plans increased to $2.12 trillion in the third quarter of 2020, according to a new report…

  • By: Staff
  • February 25, 2021 February 25, 2021
  • 10:00